The Salter Group, LLC Joins FTI Consulting
Expands Valuation and Financial Advisory Offering
Enhances Industry Expertise in Entertainment, Media and Life Sciences
WEST PALM BEACH, Fla., Jan. 8, 2013
WEST PALM BEACH, Fla., Jan. 8, 2013 /PRNewswire/ --FTI Consulting, Inc.
(NYSE: FCN), the global business advisory firm dedicated to helping
organizations protect and enhance their enterprise value, today announced that
The Salter Group, LLC, a leading independent financial and strategic advisory
firm specializing in providing business and intangible asset valuations, with
deep industry expertise in entertainment, media and life sciences, has joined
Founded in 2003, Salter Group has completed over 1,350 projects representing
$145 billion in asset values across a broad range of industries, companies and
geographies. The addition of Salter Group's nine professionals, including
three senior managing directors, brings experienced leadership to the firm's
worldwide valuation and financial advisory capabilities and substantially
enhances its entertainment, media and life sciences industry offerings.
Carlyn Taylor, Leader of the firm's Industry Initiatives group and Global
Leader of the firm's Communications, Media and Entertainment Industry
Solutions group said, "The addition of Salter Group strengthens FTI
Consulting's forecasting, valuation, financial opinion and transaction support
capabilities and deepens our industry expertise, especially in entertainment
where Salter Group has a dominant market position as a world-recognized
advisor. Salter Group has also built a significant presence in the attractive
growth industries of media, technology and life sciences, amongst others. We
believe that by adding the Salter Group professionals FTI Consulting will
provide an enriched product offering to our global client base."
Roy Salter of Salter Group said, "We are thrilled to be joining FTI
Consulting. FTI Consulting is a truly global organization that possesses an
extraordinarily unique culture aimed at protecting and enhancing enterprise
value for its clients worldwide. We will continue to offer the same services
that established Salter Group as a premier valuation and financial advisory
firm. In addition, as part of FTI Consulting, we will be able to offer our
clients FTI Consulting's global presence and sweeping skill set covering
business transformation and improvement, merger integration, strategic
communications and other services to meet their most complex and critical
needs. Today's increasingly regulated global markets require new levels of
credible objectivity to assess investments and lending risks. I fully expect
Salter Group's and FTI Consulting's clients and relationships to benefit from
the combined breadth of our aptitudes, experience and global relationships."
Salter Group's founding Principals, Roy Salter, Eric Briggs and Patrick Russo,
will lead and expand the global Valuation and Financial Advisory Service group
within the firm's Corporate Finance/Restructuring segment.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping
organizations protect and enhance enterprise value in an increasingly complex
legal, regulatory and economic environment. With more than 3,800 employees
located in 24 countries, FTI Consulting professionals work closely with
clients to anticipate, illuminate and overcome complex business challenges in
areas such as investigations, litigation, mergers and acquisitions, regulatory
issues, reputation management, strategic communications and restructuring. The
company generated $1.57 billion in revenues during fiscal year 2011. More
information can be found at www.fticonsulting.com.
Safe Harbor Statement
This press release includes forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934 that involve uncertainties
and risks, including statements related to our expectations regarding this
acquisition. There can be no assurance that the performance of the acquired
business will not differ from the company's expectations. Factors that could
cause company expectations to differ include the pace and timing of the
integration of the acquisition, the company's ability to realize cost savings
and efficiencies, competitive and general economic conditions, the retention
of staff and clients, and other risks described under the heading "Item 1A.
Risk Factors" in the company's most recent Form 10-K and in the company's
other filings with the Securities and Exchange Commission, including, without
limitation, risks related to operating in foreign jurisdictions. We are under
no duty to update any of the forward-looking statements to conform such
statements to actual results or events and do not intend to do so.
SOURCE FTI Consulting
Contact: Investor & Media Contact: Mollie Hawkes, +1-617-747-1791,
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